FX:SPX500   S&P 500 index of US listed shares
2 months ago
The market is awaiting the news on Wednesday.
I expect the market to remain sideways for the most part, so I'll look to trade each swing in the short term.
After FOMC we might have a longer lasting directional move, up or down.
For the most part, it's possible to confirm a big uptrend if by the end of October we don't retest the 2100 level.
If on the other hand we do, I'll watch price action to time the perfect long entry after the drop.

Good luck next week, trade safely.

Cheers,

Ivan Labrie.
2 months ago
Comment: We're above resistance, now we need to see if we hit 2172+ today before the close. If we do, odds are SPX can rally further, possibly even making new all time highs (but we need to be careful with the upcoming news though).
2 months ago
Comment: Up we go.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
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